Purchasing an executive condo could prove to be a good investing strategy. According to data coming from URA, in the Q1 2016 there were 2,901 vacant executive condo units. This represents 88.4 percent increase, comparing with the 1,540 available on the market in the prior quarter. According to real estate marketing research, the executive condo vacancy rate is currently 14.3 percent. Real estate market analysts explain this increasing number of vacant units as a result of the growing completed supply as well as an effect of the time lag between owners moving in and project completion. Many are many ECs located in Singapore such as Choa Chu Kang and Yio Chu Kang area.

The growing number of vacant executive condo units could also be explained in part as an effect of owners purchasing executive condos for investment purposes only. During the MOP period, these owners are usually choosing to leave …